4, GAPING LANE, HITCHIN, SG5 2JQ - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GAPING LANE is a very small extended terraced house of 72m², built sometime before 1900, which could now be worth an estimated £492,073. It was last sold for £455,000 in February 2022, which was around 33% above the average February 2022 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

4 GAPING LANE Sold Prices

Land registry data shows six sales for 4 GAPING LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. All of the six 4 GAPING LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 FEB	£455,000	£343,363	33% above HPI
2016 20 OCT	£393,000	£299,518	31% above HPI
2013 7 JUN	£281,000	£202,830	39% above HPI
2008 11 AUG	£262,500	£197,384	33% above HPI
2005 1 JUN	£212,000	£175,017	21% above HPI
1997 18 JUL	£81,550	£61,964	32% above HPI

4 GAPING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The six 4 GAPING LANE sales between July 1997 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2016 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 4 GAPING LANE be worth now?

4 GAPING LANE might now be worth an estimated £492,073.

This is based on house price inflation of 8.1%, between February 2022 and August 2025, for terraced houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.1% inflationary increase is applied to the most recent sale price for 4 GAPING LANE of £455,000 on 22nd February 2022. For the value to have increased from £455,000 to £492,073 over the two years and six months to August 2025, the following assumptions must hold true:

• The value of 4 GAPING LANE has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The February 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GAPING LANE has not materially changed since February 2022.

How Large is 4 GAPING LANE?

4 GAPING LANE is 72m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of terraced houses houses in Hitchin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hitchin, and where 4 GAPING LANE lies on this distribution: 2% of terraced houses houses are smaller than 4 GAPING LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

4 GAPING LANE: Plot and Title Map

4 GAPING LANE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 4 GAPING LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 GAPING LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 GAPING LANE?

4 GAPING LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 4 on GAPING LANE.